Operation Planning of Wall Mart
Improving Quality of Development: Perspectives from Operations Management 2
Improving Quality of Development:
Perspectives from Operations Management
1 Introduction
According to the United Nation's global development network, UNDP, an organization advocating for change and to help people build a better life, the
Human Development Index (HDI) is a summary composite index that measures a country's average achievements in three basic aspects of human development: health, knowledge, and income (http://hdr.undp.org). The HDI emphasizes that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. It therefore brings into question the choices of national policies by a government.
2 Components of Human Development Index
The three basic components are health, education and living standards. The component of health is measured in terms of the indicator: Life Expectancy at
Birth. The component of education is measured by two indicators: Mean Years of
Schooling, and Expected Years of Schooling. The third component, living standards, is measured in terms of Gross National Income per Capita (refer Exhibit
1).
Exhibit 1: Human Development Index and its Components
(Source: http://hdr.undp.org)
3 How has India Fared?
A pertinent question in this regards is: how has India fared on HDI in the recent past? On the basis of 2010 Human Development Report, a comparative analysis of
India on HDI and its components is shown with respect to the following countries:
China, Bangladesh, USA and Argentina (refer Exhibit 2). The choice of these countries is based on the classification of countries provided by the Human
Development Report.
Exhibit 2: Comparative Analysis of Select Countries on Human Development
Index and its Components (Source: http://hdr.undp.org)
As per the classification provided, India and China are classified as “Medium
Human Development” countries, Bangladesh
Improving Quality of Development:
Perspectives from Operations Management
1 Introduction
According to the United Nation's global development network, UNDP, an organization advocating for change and to help people build a better life, the
Human Development Index (HDI) is a summary composite index that measures a country's average achievements in three basic aspects of human development: health, knowledge, and income (http://hdr.undp.org). The HDI emphasizes that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. It therefore brings into question the choices of national policies by a government.
2 Components of Human Development Index
The three basic components are health, education and living standards. The component of health is measured in terms of the indicator: Life Expectancy at
Birth. The component of education is measured by two indicators: Mean Years of
Schooling, and Expected Years of Schooling. The third component, living standards, is measured in terms of Gross National Income per Capita (refer Exhibit
1).
Exhibit 1: Human Development Index and its Components
(Source: http://hdr.undp.org)
3 How has India Fared?
A pertinent question in this regards is: how has India fared on HDI in the recent past? On the basis of 2010 Human Development Report, a comparative analysis of
India on HDI and its components is shown with respect to the following countries:
China, Bangladesh, USA and Argentina (refer Exhibit 2). The choice of these countries is based on the classification of countries provided by the Human
Development Report.
Exhibit 2: Comparative Analysis of Select Countries on Human Development
Index and its Components (Source: http://hdr.undp.org)
As per the classification provided, India and China are classified as “Medium
Human Development” countries, Bangladesh